NST 2.65% $16.55 northern star resources ltd

Never trust the vampire squid, as it has a history of misleading...

  1. 278 Posts.
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    Never trust the vampire squid, as it has a history of misleading its own clients in paid subscriptions let alone in free advice to the public.

    The USD is unlikely to weaken when the Fed is tightening monetary policy, which they will continue to do in a futile attempt to reduce inflation before the US midterm elections.

    Monetary tightening cannot fix production and supply chain issues that are a consequence of the virus, so price inflation will continue until the market crashes or the virus becomes irrelevant (which will happen eventually, but probably not before November).

    Gold miners will not be immune from any broader market crash, and even if $A gold holds its price level, that has not helped Australian gold miners in previous market crashes, when they tracked $US gold instead. That may be illogical, but that is what happens.
 
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$16.55
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$16.31 $16.67 $16.24 $65.39M 3.968M

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